Hyeseong Park
When receiving payments after selling houses
1 February 2024 | 4 replies
We did not title in LLC because that would have required us to buy a true commercial insurance policy for the vehicle, which cost a lot more.
Han Jaewon
Seeking Advice on Financing Rental Property Purchase with HELOC and Traditional Loan
31 January 2024 | 3 replies
I've noticed some appealing deals on New Western, but they require purchases to be made in cash or via hard money loans.
Travis Kellems
Non-Renewal Lease Letter Vs Notice to Quit
1 February 2024 | 10 replies
Send it today as Michigan statutes require a MINIMUM of 30 days notice that must cover at least one rental payment period (typically a calendar month), not any other 30-day period.
Robert Williams
Title company in Illinois refuse to do a double close…
1 February 2024 | 24 replies
The only requirement is the end buyer has been approved for funding (unless they are a cash buyer.
Tony Pellettieri
Possible Private Lending solution to a friends HML in default? - Please Advise
31 January 2024 | 10 replies
They seem to be willing to lend on the project but so far they've required someone in the LLC to have 5 new builds under their belt as experience.
Saar Amit
Guidance Needed on New Construction of Steelhomes.us Modular Homes in Fort Lauderdale
1 February 2024 | 16 replies
I am still trying to gather all pricing for the additional required work and hopefully, I will build a few homes with SteelHomes.
Daniel Ng
How to handle a dispute with a Utility company that landlord never sign up for?
1 February 2024 | 5 replies
We require (as do most PM companies) that utilities are set up in the owners name when the property is vacant (so that vendors can use electricity while doing work, etc) I'm guessing the PM company put the gas in his name
Matt Smith
Existing Illegal Basement unit remodel and short term rental
31 January 2024 | 12 replies
I am looking to do some updates and touch ups in basement unit as well.While the house zoning requirements comply with ADU requirements, the basement is not up to ADU standards (ceiling is too low and one entry).
Chris Shon
LLC - Registering for Sales & Use Tax
31 January 2024 | 1 reply
Is sales tax registration required?
Ling Rita
Interviewing property managers
1 February 2024 | 14 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.